Group members:

(125) Anusha Jain

(129) Garima Madhok

(144) Jinan Navlakha

(150) Palak Agarwal

(164) Saurabh Arya

(176) Yajur Gupta

IntroductionSovereign: Queen Elizabeth II (1952)

Governor-General: Quentin Bryce (2008)

Prime Minister: Julia Gillard (2010)

Land area: 2,941,283 sq mi (7,617,931 sq km)Population (2010 est.): 21,515,754

Capital(2003 est.):Canberra, 327,700

Largest cities: Sydney, 4,250,100; Melbourne, 3,610,800; Brisbane, 1,545,700; Perth, 1,375,200; Adelaide, 1,087,600

Monetary unit: Australian dollar

Australia, officially the Commonwealth of Australia, is a country in the Southern Hemisphere comprising the mainland of the Australian continent, the island of Tasmania and numerous smaller islands in the Indian and Pacific Oceans.

The first inhabitants of Australia were the Aborigines, who migrated there at least 40,000 years ago from Southeast Asia.

On 1 January 1901, the six colonies became a federation and the Commonwealth of Australia was formed.

A prosperous developed country, Australia is the world's thirteenth largest economy.

Democracy. Symbolic executive power is vested in the British monarch, who is represented throughout Australia by the governor-general.

Contd…

• The first settlers, the aborigines, are thought to have arrived around 50,000 years ago.

• The first documented and undisputed European sighting of and landing on Australia was in March 1606, by the Dutch navigator Willem Janszoon.

• Most Australians are immigrants or the descendants of immigrants, having a multicultural background, who arrived during the past two centuries from more than 200 countries.

• Being a multicultural country, Australia consists of various cultures such as English & Welsh(70%), Irish(24%), Scottish(5%)

History

All rights were taken away from the Aboriginals and attempts made to 'Europeanise' them.

Aborigines became victims of bias and prejudice of Australians. Whites were unwilling or unable to understand the Aboriginal system.

Separation of Aboriginals

Since white people arrived in Australia it has always been difficult for them to understand Aboriginal culture.

Also because of the customs and culture of immigrants people become prejudicial towards them.

They had a rich culture, whose traditions were centrally concerned with the celebration of three basic types of religious ritual-rites of fertility, initiation and death.

Indigenous Australia's oral tradition and religious values are based upon reverence for the land and a belief in this Dreamtime.

TraditionsAustralia is a society of people from a rich variety of cultural, ethnic, linguistic and religious backgrounds.

Aboriginal people traditionally adhered to animist spiritual frameworks.

The culture of Australia is essentially a Western culture, influenced by the unique environment and geography of the Australian continent.

The visual arts have a long history in Australia and examples of ancient Aboriginal rock artworks can be found throughout the continent.

English is the official spoken language, other languages include Chinese, Italian, Vietnamese and Greek. Australia has a sign language known as Auslan

Culture

The arts in Australia —film, music, painting, theatre, dance and crafts — have achieved international recognition.

The most famous feature of their music is the didgeridoo.

Self - Perception

Australians see themselves as believing in democracy, justice, caring for others, equality, a less selfish society, loyalty and freedom of self-determination .

Their self image focuses on the conquering of fear, sport, strength of character and achievement, and physical prowess.

Attitude and Thought Process

Believe in fair go attitude

"Underdog" identity

Australians respect women, other people's beliefs, democracy

Easy Going

Australia and India The ties between Australia and India started immediately following European settlement in 1788.

Australia mainly exports mined and agricultural goods to India, while India's chief exports are pearls, precious and semi-precious stones, textiles and clothing.

Over 97,000 Indian students enrolled in Australia in 2008, representing an education export of $2 billion.

Friendly rivalry with the New Zealanders.

Australia shares one of the closest international relations with UK

It shares diplomatic relations with Indonesia

It has close political and trade ties with East Timor

Australia has cordial relations with Papua New Guinea

Relations with the Solomon Islands are strained

Relations with other countries

Appearance

Men wear a conservative dark business suit and tie.�Women may wear a dress, or skirt and blouse, for business.�Informal clothing is appropriatewhen not attending business functions.Casual pants are fine for both men and women.�

Punctuality is an essential part of Australian business practice.

Schedule business appointments approximately one month in advance.

Tend to initiate a first name basis with their fellow business associates quickly.

It is customary to shake hands at the beginning and end of a meeting.

Business Etiquettes

It is essential to establish personal relationships with those you are conducting business with.

Will negotiate major issues in an open and direct manner.

Gift giving is not a common practice in business.

Exchanging business cards is common among professional workers.

Contd…

The stock of foreign investment in Australia at 31 December 2007 totaled $1.6 trillion.

The stock of Australian investment abroad was worth $884 billion.

Australia’s two-way trade in goods and services was valued at $454 billion in 2007.

Australia’s exports of goods andservices grew by 3.8 per cent to $218billion in 2007, about 20 per cent ofGross Domestic Product (GDP).

Trade and Investment

Egalitarianism - it creates a society that avoids differentiation between individuals.

Openness - Australians on the whole, receptive to new ideas and encourage lively discussion or debate

Individualism - Importance is given to

personal privacy and the segregation of the public and private life of individuals.

Business Principle

Business Etiquette (Do’s and Don’ts)

DO partake in some initial “small talk” before a business meeting begins.

DO keep a certain amount of distance when in conversation with your Australian counterparts.

DO maintain good, direct eye contact with your Australian colleagues during all business meetings and conversations as this helps to establish trust.

Do’s

DON’T over exaggerate or boast about your company’s abilities or build up business information.

DON’T discuss aspects of your personal life during business negotiations. Privacy is an important element of everyday life in Australia.

DON’T use aggressive sales techniques whilst negotiating

Don’ts